Two-Level Retail
New
For Sale
$1,499,999
20 Marietta Street NW Unit CU2, Atlanta, GA 30303
Two-floor commercial unit requiring HVAC replacement and substantial interior renovation within a historic downtown building.
Property Size1,921 SF
Price / SF$210.67
Days on Market6
Property Features for 20 Marietta Street NW Unit CU2
General Information
Standard status
Active
Size
1,921 SF
Property subtype
Other
Site & Location
Corner Location
Yes
Public Transit
Yes
Additional Details
Office Units
1
Amenities
0.161 acres, Corner Lot, Level, Near Public Transit
Tar/Gravel
Public Sewer
Annual Amount: $16,068, Year: 2025
Concrete
Central Air
Central
Cumulative Days on Market: 1, First day on market, On Market Date: 2026-07-30
On Street, Paid, Parking Lot
Built in 1921, Concrete, Frame, Steel Siding, Mixed Use, Office, Retail
County: Fulton
Fixer
220 Volts, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Public
Close Of Escrow
Water body: NONE
Building Security, Key Card Entry
Building Details
Building Size
1,921 SF
Year Built
1921
Listing Agency:
GreatHomesATL LLC
(678) 642-8400
Listed By:
Curtis Russell
(678) 642-8400
Source:
Blackstreaminternational
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 3 at 4:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GreatHomesATL LLC
Investment Insights
Based on property information with market context.
Commercial Unit CU2 occupies two levels within The Metropolitan, a historic former bank building in Downtown Atlanta. The space is offered as-is and requires a comprehensive renovation, including HVAC replacement, modernization of other systems, and substantial interior improvements. Its flexible configuration can support concepts such as restaurant, fitness, medical, professional office, coworking, salon, specialty grocery, or retail showroom uses, subject to applicable approvals.
The property is positioned at Marietta Street and Broad Street in Atlanta’s central business district, near Underground Atlanta and within walking distance of Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, Georgia State University, Woodruff Park, and Five Points MARTA Station. Surrounding context includes government offices, hotels, restaurants, nightlife, corporate workplaces, and cultural attractions.
The property is positioned at Marietta Street and Broad Street in Atlanta’s central business district, near Underground Atlanta and within walking distance of Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, Georgia State University, Woodruff Park, and Five Points MARTA Station. Surrounding context includes government offices, hotels, restaurants, nightlife, corporate workplaces, and cultural attractions.
Key Highlights
- Two‑level commercial unit within The Metropolitan, a historic former bank building
- Offered as‑is with comprehensive renovation required
- HVAC system replacement and modernization of other systems needed
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.7k | $19.20 |
| − Vacancy | −$8.2k | −$1.15 |
| EGI | $128.5k | $18.05 |
| − OpEx | −$32.1k | −$4.51 |
| NOI | $96.4k | $13.54 |
7,120 SF · lease $19.20/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.38M
$1.20M – $1.61M
NOI $96,376 @ 7.0% cap · market cap 6.43%
Second Best
Office B
$1.36M
$1.19M – $1.59M
NOI $95,344 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,322 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
12,196
Businesses Nearby
Explore this area
Business Placement
Demographics for 30303, GA
9,352
Population
1,625
Households
5.8
Avg Household Size
25
Median Age
25%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
9,352
Density / Sq Mi
$9,322
Median Earnings
$1,705
Median Rent
$250,200
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Two-floor commercial unit requiring HVAC replacement and substantial interior renovation within a historic downtown building.
Where is this retail space located?
The property is located at 20 Marietta Street NW Unit CU2 Atlanta, GA.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Two‑level commercial unit within The Metropolitan, a historic former bank building; Offered as‑is with comprehensive renovation required; HVAC system replacement and modernization of other systems needed
